Canopy Collects $8M

AUTHOR(S)

Medford, Cassimir

PUB. DATE

August 2008

SOURCE

Red Herring;8/18/2008, p7

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

The article reports on the $8 million investment secured by Canopy Financial from Foundation Capital in 2008. Canopy Financial creates technology to support banks and health plans in managing consumer-controlled health savings accounts (HSA). The investment makes the company's total investment reach $29 million. Canopy plans to allocate the investment to finance acquisitions.

ACCESSION #

36670562

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